Tag: IPO

Ramp’s card data says the AI spending boom has plateaued

Companies are running more tokens than ever while paying almost nothing extra for them, and that is bad…

Anthropic’s compute bill now eats a bigger share of every dollar

An amended filing shows compute absorbing 58 percent of revenue in the September quarter, up from 48 percent…

Blackstone flips its forecast on Anthropic’s credit grade

The anchor investor in a $63B chip financing told backers to expect a high junk rating after Anthropic's…

Anthropic’s prospectus devotes 94 pages to how it could fail

The largest section of Anthropic's IPO paperwork is a risk register that names recursive self-improvement as the path…

Anthropic opens its books with a public filing for Nasdaq

Anthropic published its S-1 for a Nasdaq listing under the ticker ANT, revealing $16B of first-half revenue and…

OpenAI lines up a $30B bridge at a $1.25T valuation

Emirati investors and Coatue are leading a round the company is framing as opportunistic runway before a listing.

Eric Schmidt’s quiet Anthropic bet may be worth $20B

The former Google chief executive reportedly owns about 1% of Anthropic from a 2021 Series A cheque, a…

OpenAI tells investors its annualized revenue is near $50B

OpenAI has revised its annualized revenue down by roughly $20B from figures circulated to investors, according to a…

OpenAI chases $30B from private investors ahead of a listing

Bloomberg reports a pre-IPO bridge round that would value the ChatGPT maker near $1.4T.

Anthropic files for a record listing and warns on its own models

The prospectus pairs twelvefold revenue growth with an unusually blunt account of model risk.

Anthropic founders seek super-voting shares ahead of public listing

Dario Amodei and his six co-founders want a share class worth 50.1 percent of votes before Anthropic starts…

Anthropic delays its stock listing into November for a stronger quarter

Anthropic has moved its planned market debut out of October as advisors wait on third-quarter numbers.